Auto Execs Worried About What Comes Next

January and February saw sharp downturns in U.S. new vehicle sales, though many in the industry tried to downplay the poor showing by blaming the bad weather that spread across the country. Things didn’t look much better in March, with overall first-quarter demand down by nearly 4%. Even powerhouse manufacturers like General Motors and Toyota tumbled, only four brands finishing out the first three months of the year with increased retail sales.